Pasadena Private Wealth LLC Sells 2,427 Shares of Vanguard Small-Cap Growth ETF $VBK

Pasadena Private Wealth LLC decreased its holdings in shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 4.3% in the first quarter, HoldingsChannel reports. The fund owned 54,229 shares of the company’s stock after selling 2,427 shares during the quarter. Vanguard Small-Cap Growth ETF makes up about 2.3% of Pasadena Private Wealth LLC’s portfolio, making the stock its 11th largest holding. Pasadena Private Wealth LLC’s holdings in Vanguard Small-Cap Growth ETF were worth $16,391,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Simplex Trading LLC bought a new position in Vanguard Small-Cap Growth ETF in the 4th quarter worth $27,000. Birchbrook Inc. purchased a new position in Vanguard Small-Cap Growth ETF during the fourth quarter valued at $29,000. Acumen Wealth Advisors LLC bought a new stake in Vanguard Small-Cap Growth ETF during the fourth quarter valued at about $39,000. MV Capital Management Inc. bought a new stake in Vanguard Small-Cap Growth ETF during the fourth quarter valued at about $41,000. Finally, Eagle Bay Advisors LLC purchased a new stake in Vanguard Small-Cap Growth ETF in the fourth quarter worth about $47,000.

Vanguard Small-Cap Growth ETF Price Performance

VBK stock opened at $357.56 on Monday. Vanguard Small-Cap Growth ETF has a twelve month low of $273.57 and a twelve month high of $361.58. The stock has a market cap of $23.88 billion, a P/E ratio of 27.57 and a beta of 1.17. The business’s 50-day moving average price is $345.31 and its 200-day moving average price is $324.31.

About Vanguard Small-Cap Growth ETF

Vanguard Small-Cap Growth ETF (the Fund) is an exchange-traded share class of Vanguard Small-Cap Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Small Cap Growth Index (the Index). The Index is a diversified index of growth stocks of smaller United States companies. The Fund attempts to replicate the target Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.